The subsidiary of Liaogang Co., Ltd. (02880) plans to purchase JDC Beihai Shipping for 81.613,600 yuan

According to Zhitong Finance App, Liaogang Co., Ltd. (02880) issued an announcement. On September 18, 2026, DBR, a wholly-owned subsidiary of the company, signed a ship sales contract with Wantong Logistics at a cost of RMB 81.613,600. Based on this, DBR agreed to buy and Wantong Logistics agreed to sell the ship. In accordance with the ship sales contract, DBR will purchase the shipping company from Wantong Logistics.

Compared to the purchase or construction of a new ship, the procurement cycle can be drastically shortened. It is expected that ship registration and issuance, such as ship ownership, can be completed within 7 working days after delivery, which is significantly superior to new shipbuilding (construction period 1-2 years) or used ship procurement on the market (generally not less than 9 months). Jida Beihai Shipping is in high quality and compliant, in line with the operating needs of the domestic trade market. DBR is familiar with ship conditions based on long-term leasing and operation management, and effectively avoids hidden procurement risks; ship operation, maintenance and fuel cost advantages are obvious, safety configuration is perfect, and navigation reliability is high; leasing ships to foreign countries can generate stable revenue, link partners to open up branch business, and can also switch to self-operation as needed, with remarkable comprehensive benefits.